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Bullboard - Stock Discussion Forum NEXE Innovations Inc NEXNF


Primary Symbol: V.NEXE

Forest Products Paper & Paper Products
NEXE Innovations Inc. is a Canada-based company, which operates as a manufacturer of fully compostable materials. The Company is focused on providing compostable material solutions and packaging to the business-to-business (B2B) segment to help businesses achieve their sustainability goals. It designs, manufactures, and commercializes fully compostable materials for everyday consumer product... see more

TSXV:NEXE - Post Discussion

NEXE Innovations Inc > Top Management Compensation
View:
Post by silkos on Apr 26, 2022 11:21am

Top Management Compensation

Darren Footz Salary / Total Compensation
2019 - 56k / 140k
2020 - 75k / 216k
2021 - 230k / 571k

Ash Guglani contract (not salary - Ash is not an employee???) / Total Compensation
2019 - 50k / 50k
2020 - 107k / 171k
2021 - 475k /  556k

Also there are Performence Bonuses based on total sales # (units) as follows:
  • 120K compensation for 100million units sold (not time limit if they sell in 10 years they still get paid)
  • 250K - for 250million units sold
  • 500K - for 500million units sold
  • 750K - for 750million units sold
  • 1M - for 1billion units sold
Comment by Dunworkin2 on Apr 29, 2022 11:07am
Awfully nice of us shareholders. The least they could do is send shareholders some mushroom beverages ffs. Explains why Ash looks like he did something wrong in those videos. He doesn't just have a finger in our pockets, he has his whole arm in their and who is the other guy? LOL.
NEXE Innovations Inc
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